(VIANEWS) - Shares of PACCAR (NASDAQ: PCAR) slid by a staggering 32.91% in 10 sessions from $110.43 at 2023-02-06, to $74.09 at 13:01 EST on Tuesday, following the last session's upward trend. NASDAQ is dropping 2.05% to $11,546.09, after two sequential sessions in a row of losses.
PACCAR's last close was $75.69, 0.56% below its 52-week high of $76.12.
About PACCAR
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
Earnings Per Share
As for profitability, PACCAR has a trailing twelve months EPS of $4.06.
PE Ratio
PACCAR has a trailing twelve months price to earnings ratio of 18.24. Meaning, the purchaser of the share is investing $18.24 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 24.48%.Sales Growth
PACCAR's sales growth is 24.9% for the ongoing quarter and 14.2% for the next.
Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is 47.8% and 23.2%, respectively.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 12, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.39%.
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